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Ucapital Global Plc Sells Major Stake in Asset Management Arm

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Ucapital Global Plc Sells Major Stake in Asset Management Arm

UCapital24 SpA Class A ( (IT:U24) ) has shared an announcement.

Ucapital Global Plc has sold its 90.3% stake in UCapital Asset Management Llp to UCapital Ltd for €500,000. This acquisition, approved by the Financial Conduct Authority, allows UCapital Group to strengthen its asset management capabilities, potentially increasing its market presence and operational volumes.

More about UCapital24 SpA Class A

Ucapital Global Plc, formerly known as Aleph Finance Group Plc, is a UK-based company listed on Euronext Paris. The company is involved in asset management activities, focusing on enhancing its operations to achieve more significant volumes.

YTD Price Performance: -33.18%

Average Trading Volume: 50,585

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €9.57M

See more data about U24 stock on TipRanks’ Stock Analysis page.

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